Resupply: 10 million dollars in bad debts have been fully repaid

ChainCatcher news, the stablecoin protocol Resupply announced that the $10 million bad debt has been fully repaid, with the $8.8 million bad debt related to the recent attack initially repaid. The remaining $1.13 million will be paid off with a loan provided by Yearn, and the protocol income generated from the RSUP positions held by Convex and Yearn Finance will be used to gradually repay it.

Previously, Resupply was hacked in June, resulting in 10 million reUSD becoming bad debt.